Announced
Completed
Financials
Sources
Tags
Food Products
Friendly
New Zealand
Private Equity
Private
premium pet food
Completed
Majority
Cross Border
Acquisition
Single Bidder
Synopsis
KKR completed the acquisition of Natural Pet Food Group, a New Zealand-based premium pet food company. Financial terms were not disclosed. “It’s a great result not only for our company but also our supply partners, farmers and seafood suppliers from all over New Zealand and our manufacturing partners in Hawke’s Bay and Gisborne. We also recognize our outgoing shareholders, in particular Pioneer Capital, for their contribution over the years, which laid the foundation for this next exciting phase. This is another fantastic ‘paddock to plate’ New Zealand story that builds on our quality nutrition, safety and ethical credentials and the strong partnerships that underpin our business. KKR’s investment marks the next phase of our evolution and their support is a strong endorsement of the outlook for our business,” Neil Hinton, Natural Pet Food Group CEO.
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